Supporting Trade Finance products at Raiffeisen Bank Polska S.A.
For years, if not centuries (!), trade finance products have been part of meticulous and exhaustive process flows based on hardcopy documentation. It’s high time to change it!
Make your bank ready to provide financing and risk mitigation to your business customers – entirely online – with the Comarch Trade Finance system.
Comarch Trade Finance is a front-end platform that lets your customers apply for and manage guarantees, letters of credit and collections.
PROBLEM: barrage of operational tasks, complexity of paper forms, keeping customers updated on product statuses via snail mail, email, and phone
FIX: online product applications and status checks: fewer tasks and customer questions, less paper. As a result, reduction of operating costs
PROBLEM: troublesome product application process, no status updates, lack of one consistent information stream
FIX: end-to-end management of trade finance online, transparent and easy-to-follow application forms, advisors available via chat, always up-to-date product information, no need for a branch visit
Increase profit margins by optimizing operating costs and enhancing distribution. Comarch Trade Finance software allows you to digitize your entire front office operations. You can reduce costs of branch services, paper archives, or trade advisory. Plus improve your business processes to save operating time.
Provide a secure digital environment for your customers. With the Comarch Trade Finance system you not only go digital, but also get top-notch technology, cyber security and compliance with newest ICC regulations and SWIFT standards.
With our Marketplace solution in the Trade Finance system you can extend your offer by any trade related products and services. Grow organically and build scale via digital channels. Display marketing content and bundled services creating a one-stop shop for your trade customers.
Award granted as part of "Best Corporate/Institutional Digital Banks In Central & Eastern Europe 2018" contest – to ING Bank Śląski for exceptional trade finance IT tools developed by Comarch.
Comarch Trade Finance at Raiffeisen
Raiffeisen Bank Polska required a modern solution to manage a growing number of trade finance products as well as an overwhelming amount of related paperwork. As processing these products in the old way of exchanging e-mails or sending faxes, delivering documents in hard copies and signing issuance orders in pen could no longer cut the mustard, the bank has come forward with a concept of digitizing the process. That's where Comarch stepped in.
Tell us about your business needs. We will find the perfect solution.